NOT LISTED FOR SALE

535 Upper Terrace Dr Independence, IA 50644

Estimated Value: $315,000 - $365,000

3 Beds
3 Baths
2,478 Sq Ft
$137/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $285,000 $115 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,356/month

4 Days on Market

Highlights

  • 3 Car Attached Garage
  • Brick Front
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Welcome home. This very well maintained home, sits nestled in a quiet cul-de-sac located on the southeast side of town. One step inside, and you will find this house offers all the space you will ever need with a comfortable 2478 sq. ft. on the main floor and a well designed floor plan. Upon entering through the front door you walk into a large entryway that opens up to the large living room. Off to the left is main floor laundry, a full bathroom and two large bedrooms. Enjoy nice views out your large dining area and kitchen, overlooking the private back yard. Enjoy nature sitting on your covered porch. The master bedroom features a large master bath and a large walk-in closet. An extra deep three stall attached garage allows room for all your toys. The lower level features a full basement that has another 3/4 bath and a spacious family room. Tons of storage space can also be found in the lower level. This home won't last long. What are you waiting for? Call an agent of your choice and book a showing today.

Last Agent to Sell the Property

Jessica Lehs

Ohl Iowa Realty, Inc License #S7058200 Listed on: 01/17/2024

Ohl Iowa Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 1987

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 50x210
  • Property is zoned R-2

Parking

  • 3 Car Attached Garage

Home Design

  • 2,478 Sq Ft Home
  • Concrete Foundation
  • Asphalt Roof
  • Brick Front

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Upper Terrace Dr Lot 7 & Pt Lot 8 Beg Se Cor Lot 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1003403015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,638

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Parcel Number: 1003403015
  • Year Built: 1987
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.465
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-334-9258
  • MLS Status: Closed
  • Subdivision Name: UPPER TERRACE DR LOT 7 & PT LOT 8 BEG SE COR LOT 8
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2478
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Brick Front

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 50X210
  • Lot Size Sq Ft: 20222
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 12, 2024
Sold by
Shonka Robert G
Bought by
Cass Christopher L and Cass Kendra L
Seller's Agent
Jessica Lehs
Ohl Iowa Realty, Inc
List Price
$289,500
Sold Price
$285,000
Premium/Discount to List
-$4,500
-1.55%
Views
73
Current Estimated Value
$340,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,544
Avg. Annual Appreciation
12.68%
Original Mortgage
$270,750
Outstanding Balance
$267,543
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$70,516
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cass Christopher L $285,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cass Christopher L $270,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $285,000 -1.6% $115 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $289,500 -- $117 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,010 $296,240 $40,130 $256,110
2023 $6,010 $335,290 $40,130 $295,160
2022 $5,466 $272,090 $31,850 $240,240
2021 $5,560 $272,090 $31,850 $240,240
2020 $5,560 $256,410 $28,960 $227,450
2019 $5,524 $256,410 $28,960 $227,450
2018 $5,290 $251,640 $28,960 $222,680
2017 $5,710 $251,640 $28,960 $222,680
2016 $5,620 $266,940 $24,120 $242,820
2015 $5,620 $266,940 $24,120 $242,820
2014 $5,730 $266,940 $24,120 $242,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20240169

Northeast Iowa Regional Board of REALTORS®

APN: 10.03.403.015